Jubilant And Westlife

The company had posted a consolidated profit after tax (PAT) of Rs 22.37 crore in the corresponding quarter previous fiscal, Westlife Foodworld Ltd (WFL) said in a regulatory filing

Sales uptick in dine-in and delivery channels, new products and gradual royalty hikes are positives

Despite a high base of 24-26 per cent in the June 2018 quarter (Q1FY19), analysts expect Jubilant and Westlife to report 6-8 per cent same-store sales growth (SSG) in Q1FY20

Improving operating leverage will boost profitability over next 3 years

Expectations of high same-store sales growth and improving margins led to higher investor appetite